China's Surprise Trade Surplus

BEIJING—China posted its biggest trade surplus in almost five years on Sunday, as soaring exports ran ahead of modest import growth, potentially resurrecting a source of friction with the U.S.
In November, China’s trade surplus rose to $33.8 billion from $31.1 billion the month before. Exports staged a rebound, rising 12.7% from November last year, well ahead of October’s 5.6% growth. That is a positive sign for the global economy as…

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